What is subassignment in SAP FIN-SEM-BCS - Business Consolidation?

SAP Term: subassignment

• Component: FIN-SEM-BCS

• Component Name: Business Consolidation

• Description: A characteristic that subdivides breaks down the values of characteristic "financial statement item". SAP delivers the following predefined subassignments: Partner unit Transaction type Transaction currency Unit of measure Investee unit Year of acquisition and period of acquisition In addition to the predefined subassignments, you can define your own custom subassignments, which then extend the data basis of the Consolidation system. Examples of this might be the fields "Country" and "Product Group."

Smart SAP Assistant

• Key Concepts: 
  Subassignment is a feature of the Business Consolidation component of SAP's Financial Services Solutions (FIN-SEM-BCS). It allows users to assign a portion of a consolidation group's total consolidation to another group or user. This allows for more granular control over the consolidation process and helps to ensure accuracy and consistency in the consolidation process. 
  
  How to use it: 
  Subassignment can be used in the Business Consolidation component of SAP's Financial Services Solutions (FIN-SEM-BCS). To use subassignment, users must first create a consolidation group and assign it to a user or group. Then, they can assign a portion of the total consolidation to another user or group. This can be done by selecting the “Subassign” option from the menu and entering the details of the user or group that will receive the subassignment. 
  
  Tips & Tricks: 
  When using subassignment, it is important to ensure that all users involved in the consolidation process are aware of their responsibilities. This will help to ensure accuracy and consistency in the consolidation process. Additionally, it is important to keep track of all subassignments and make sure that they are updated regularly. 
  
  Related Information: 
  For more information on subassignment, please refer to SAP's official documentation on Business Consolidation (FIN-SEM-BCS). Additionally, there are many online resources available that provide detailed instructions on how to use subassignment in SAP's Financial Services Solutions (FIN-SEM-BCS).